No,  because I explain it to them.

If there is an inspection contingency in the contract, the "AS IS" means pretty much nothing.

"AS IS" only means that the seller is not wanting to fix anything.  It does not mean that you cannot re-negotiate any problems or that the seller really will not fix anthing.

Eve

No, all homes are sold as-is in California.  It's in the purchase contract.

Not in California.  The purchase contracts are "AS-IS" which is among the many reasons I recommend sellers get pre-listing inspections and disclose and repair/replace things if necessary.

Peter,

Like with all things, it depends on the marketplace.  Here in Santa Barbara, it would be sold in no time...A

Our AZ RPCs are all conveying the home 'in substantially the same condition as at time of Contract' so it's 'as is' there.

Should the marketing state 'as is'? Probably not.

AS IS means seller doesn't have to repair anything.

Doesn't preclude buyer from asking.

Let the games begin!

Put 'what you want' in the Contract going in. Save trouble and time!

We recently provided that well convey 'fully operational' and the tank was bad so seller HAD to replace it. No negotiations necessary.

Our job does require foresight!

Listing a home "as is" is a signal to buyers that the seller does not want to make any repairs. Buyers can be guided in making their offers based upon the current condition of the property.

Of course, every seller would like to sell "as is". Repairs and betterments cost money. In a strong sellers' market we see many "as is" sales as buyers have little leverage in multiple offer transactions.

When it is a buyers' market, buyers have the opportunity to negotiate and sellers often end up making concessions, giving credits or making repairs they wish they did not have to make...in order to preserve a transaction.

In Denver all the bottom feeders will be out looking for that deal!   In our market, not even the fixers are good deals.

Not in our market.

It depends on the house, it depends on the market.

"Price reflects the "As Is" condition,"  tells almost the whole story!

That depends.  There are many investors who will scoop up these homes in a heartbeat if it's priced correctly.

As Is and after 4 point inspection can be changed to not as is. :)

I don't think so. 

Buyers still want to ask for repairs. 

We in the business know that "as is" doesn't really mean much, but I think it sort of excites some buyers because they think they might get a bargain.

Probably not. There will be some bueyrs and agents that will think it needs a lot of work. others will just think sellers don't want to do any repairs, so don't ask.

Yes. Although you can talk to buyers who do reach out and explain what t means, how many are skipping this listing because they think it is too risky. Now investors are used to it and it is common with bank owned, my estate sales and even some divorce sales. But not owner occupied. 

Negotiation is a matter of yes, no, or counter-offer! 

If it shows up below the comps , it should sell
You have to leave some meat on the bones for the buyer to build sweat equity .

I think so. Estate sales must be or can be AS IS here in IL.

I don't ever use this verbiage as it indicates there are problems with the house.  Every home is sold as-is so why stress this fact?

AS-IS  AS-DISCLOSED is the proper wording for the contract. How you market or negotiate makes a difference as well. The statement means "whoa" as in repair requests but it is not a NO WAY. Everything is negotiable. Where things fail is hard-line or stance approaches. People don't react well to those

Not if you're trying to attract Investors! I hope your sellers aren't trying to get top dollar... In my state Texas every house is sold As-Is, but if I read that remark in the agent remarks - I assume much need updates and repairs...

Not at all.  I believe most in the average price range would expect it to be listed as is.

No.

No.